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a big decline. some people say it is because they haven't settled the data agreement. i have a different interpretation. i think they are lookking at what is happening in the congress and saying wait a these people are not serious. it is not just getting a deal but it brings the deficit down and in my opinion over the last week, all signals have been we'll do a phony deal with phony cuts that don't deal with 10 or trillions new debt. that is the reason you are seeing the sell off on american stockings. >> isn't that what we learned in third grade. with regard to our retirement accounts. they are cracking hethose babis and what happened last quarter with my money what should we do if anything at the beginning of next week? wait it out. >> don't panic is the question. there is not going to be a default on the debt. i said it for the last month. there will be no default on u.s. treasury secretaries and people shouldn't feel panicked and even if we go past the august 2nd deadline. the grid lock will be broken in a couple of days is more melodrama than the drama. the outcom
a big decline. some people say it is because they haven't settled the data agreement. i have a different interpretation. i think they are lookking at what is happening in the congress and saying wait a these people are not serious. it is not just getting a deal but it brings the deficit down and in my opinion over the last week, all signals have been we'll do a phony deal with phony cuts that don't deal with 10 or trillions new debt. that is the reason you are seeing the sell off on american...
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Jul 31, 2011
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suddenly there was a big rumble and you could feel the plane shaking and something was really wrong. >> the f.a.a. and delta are investigating. >>> thousands lacing up for one final lap. >>> march the penguins. not the movie. >>> continued mild conditions across the bay as we see some thunderstorms brewing around the central valley. we will take at all the details coming up in your complete forecast in just a few minutes. ,,,,,,,,,,,,,,,,,, >> eyewitness news is brought to you in part by your honda dealer. see and discover the great values now being offered. >>> with a traditional good luck lion dance san francisco's new visitation library opened today. nearly 10,000 square feet. four times the size of the old library. includes a large chinese collection that served the chinese population. outdoor landscaping and sculptures. it cost more than $13 million paid for by a bond measure several years ago. >>> it has been a bay area landmark for more than 30 years but this weekend the owners of a roller skating rink are counting down to the final lap. kiet do explains why the closure has li
suddenly there was a big rumble and you could feel the plane shaking and something was really wrong. >> the f.a.a. and delta are investigating. >>> thousands lacing up for one final lap. >>> march the penguins. not the movie. >>> continued mild conditions across the bay as we see some thunderstorms brewing around the central valley. we will take at all the details coming up in your complete forecast in just a few minutes. ,,,,,,,,,,,,,,,,,, >> eyewitness...
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Jul 30, 2011
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big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! [ jack ] yeah, this is pretty good. [ male announcer ] half a day's worth of fiber. fiber one. just don't feel like they used to. are you one of them? remember when you had more energy for 18 holes with your buddies. more passion for the one ya love. more fun with your family and friends. it could be a treatable condition called low testosterone or low t. come on, stop living in the shadows. you've got a life to live. [ male announcer ] so don't blame it on aging. talk to your doctor and go to isitlowt.com to find out more. dr. scholl's custom fit orthotic center recommends the custom-fit orthotic that's best for your tired feet. foot-care scientists are behind it. you'll get all-day relief. for your tired achy feet. for locations, see drscholls.com. thank you... so every year my family throws this great reunion in austin. but this year, i
big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! [ jack ] yeah, this is pretty good. [ male announcer ] half a day's worth of fiber. fiber one. just don't feel like they used to. are you one of them? remember when you had more energy for 18 holes with your buddies. more passion for the one ya love. more...
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Jul 30, 2011
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that is a big statement. i'll tell you almost as quickly as we heard that come from the top republican in the senate we also heard from senate majority leader harry reid as he was returning to the capitol from a meeting at the white house with the president. he was asked if they were any closer to an agreement and reid said very firmly no. one reason could be is we're hearing from democratic leadership aides in the senate, the possible pessimism they said republicans have not moved off from their position that they support the house speaker john boehner's bill. what we're seeing a lot of is a lot of back and forth here. it is a very fluid situation as you know, wolf. one thing we're keeping our eye on is potential for a very late night, 1:00 a.m. vote, the first test, a test vote for senator reid's proposal to raise the federal debt ceiling as he's pushing that proposal forward at the same time. >> they need 60 votes for reid's proposal to get through the senate because the republicans at least some of them a
that is a big statement. i'll tell you almost as quickly as we heard that come from the top republican in the senate we also heard from senate majority leader harry reid as he was returning to the capitol from a meeting at the white house with the president. he was asked if they were any closer to an agreement and reid said very firmly no. one reason could be is we're hearing from democratic leadership aides in the senate, the possible pessimism they said republicans have not moved off from...
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the buttons are nice and big and colorful. so kids can figure out how to use them easily. >> rick: ava, what do you think of that one? do you like it? >> yeah. >> ava is hold ago disney camera you can print your favorite princess into your camera. >> rick: you want that one? >> the leg goes go camera, that's for 7 and up. but it was very popular with our kid testers. in fact, a lot of grownups at "consumer reports" really liked that camera, too. it's leggo. it's so cool. >> rick: my kids watch my wife and me taking pictures and they want to do the same thing. >> they're great because they're easy to use for the kids. they don't take the big quality pictures, but it doesn't matter, because they have fun playing with them. >> rick: this is a company that i recognize. they make a lot of great stuff. i'll give this one to ava. >> this is our top pick for younger kids. it has all the bells and whistles that the other cameras have. it's also a gaming machine. it has a couple built-in games and has settings that you can set and a vol
the buttons are nice and big and colorful. so kids can figure out how to use them easily. >> rick: ava, what do you think of that one? do you like it? >> yeah. >> ava is hold ago disney camera you can print your favorite princess into your camera. >> rick: you want that one? >> the leg goes go camera, that's for 7 and up. but it was very popular with our kid testers. in fact, a lot of grownups at "consumer reports" really liked that camera, too. it's...
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olivia wilde's eyes were very big. it's really just they didn't care who lived or died and i have a small problem with that. >> so you didn't love the characters? >> i didn't really care one way or the other. but i did see aliens explode. so it did have that going for it. you kind of go to this movie to see, you know, a lot of crazy action and explosions and also daniel craig looking preposterously good in chaps. >> of course, it's bond, james bond. >> it was just okay. >> so you gave smurf f somebody says your grade here, you said just okay. >> perfectly average so i give it a c. i think there are stronger movies, especially last week "captain america" coming out, i think this will blow that out of the water. it's fun, but -- >> c for cowboys? >> c for cowboys and c for -- i don't know what. kind of a ho hum week. >> oh, darn. okay, well, i'm glad you were honest with us. as you always are. >> as i am. better luck next week and "crazy stupid love" is in the theaters which is definitely an a-plus movie. steve correll,
olivia wilde's eyes were very big. it's really just they didn't care who lived or died and i have a small problem with that. >> so you didn't love the characters? >> i didn't really care one way or the other. but i did see aliens explode. so it did have that going for it. you kind of go to this movie to see, you know, a lot of crazy action and explosions and also daniel craig looking preposterously good in chaps. >> of course, it's bond, james bond. >> it was just okay....
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>>guest: i'm getting a big bed, too. >>clayton: teachers and students cannot be facebook friends in a state. should the government make those decisions? we report. you decide. should donald trump jump back into the presidential race? naturals from delicious, real ingredients with no artificial flavors or preservatives. naturals from purina cat chow. share a better life. energy is being produced to power our lives. while energy developement comes with some risk, north america's natural gas producers are committed to safely and responsibly providing decades of cleaner burning energy for our country, drilling thousands of feet below fresh water sources within self contained well systems and using state of the art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment we are america's natural gas. >>dave: and more on the debt deal. mike huckabee, the former governor, will be here in a moment. how would he handle the debt mess? >>clayton: how does he f
>>guest: i'm getting a big bed, too. >>clayton: teachers and students cannot be facebook friends in a state. should the government make those decisions? we report. you decide. should donald trump jump back into the presidential race? naturals from delicious, real ingredients with no artificial flavors or preservatives. naturals from purina cat chow. share a better life. energy is being produced to power our lives. while energy developement comes with some risk, north america's...
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Jul 30, 2011
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the other big story is happening in the senate. there as they are debating harry reid's bill. leader reid's bill again also seen as perhaps getting some sort of compromise before moving forward. the third big thing we are watching at the daughter is in about 30 minutes, we expect to hear from leader mcconnell from the senate as well as speaker boehner from the house. they are having a briefing at 3:30 eastern time. we'll be here to watch that, too. a lot happening right now in washington, d.c. let's get right to the very latest in washington where all that's happening. house members are voting at the moment. luke russert is live at the hill with the latest for us. >> reporter: richard, how are you doing? what you're seeing is on the house floor. largely a symbolic vote. it was brought under suspension which is a parliamentary tactic which the essentially 2/3 of the house have to vote yea for this to move on. it is expected to go down and go closely along partisan line with every republican voting against it. most democrats switched over. going forward as of right now, we expec
the other big story is happening in the senate. there as they are debating harry reid's bill. leader reid's bill again also seen as perhaps getting some sort of compromise before moving forward. the third big thing we are watching at the daughter is in about 30 minutes, we expect to hear from leader mcconnell from the senate as well as speaker boehner from the house. they are having a briefing at 3:30 eastern time. we'll be here to watch that, too. a lot happening right now in washington, d.c....
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only on big g cereals. you can make a difference. >>> coming up the latest on the amman do knox case. her family believes she's one step closer to freedom after independent experts testified the two key pieces of dna evidence were mishandled. prosecution will cross-examine the evidence. a live report from italy and hear from amanda knox's mother. >>> we'll also look at a unique diet growing in popularity, the blood type diet, encourages people to eat certain foods and avoid others based off of their ♪ ♪ mm-mmm-mmm-mm-mm-mmm ♪ mm-mmm-mmm-mm-mm-mmm [ female announcer ] kraft cheese has more full length shreds in every bag. you'll see the difference. ♪ mmm [ woman ] sam begged and pleaded... so i sent him to camp. we'd earned lots of points with our new citi thankyou card... and i put them to good use. he told me about his bunkmates, and how he signs up for every activity. ♪ he even hangs out with the camp director. just like that. [ male announcer ] the new citi thankyou premier card gives you more
only on big g cereals. you can make a difference. >>> coming up the latest on the amman do knox case. her family believes she's one step closer to freedom after independent experts testified the two key pieces of dna evidence were mishandled. prosecution will cross-examine the evidence. a live report from italy and hear from amanda knox's mother. >>> we'll also look at a unique diet growing in popularity, the blood type diet, encourages people to eat certain foods and avoid...
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there is big cracks in the ground where they were just little cracks. and it is just getting worse. >> unbelievable. another sign of the worsening drought this week is ponds evaporate, ranchers are selling their cattle early at a loss. this is likely to translate into higher food prices for all of us. >>> just three days until possible default and still no solution in sight. the u.s. senate rejected a u.s. house plan to raise the debt ceiling last night. and in just a few minutes or so, the house is expected to block a senate plan to raise the debt ceiling. democrats and republicans continue to spar on capitol hill. >> this is not a crisis which we couldn't control. this isn't an earthquake or a tornado or a hurricane. it isn't a war. it is a created political crisis. the extension of the debt ceiling has been done routinely 89 times since 1939, 55 times by republican presidents, 34 times by democratic presidents, and president ronald reagan holds the record having extended the debt ceiling 18 times in eight years without a confrontation, without the am
there is big cracks in the ground where they were just little cracks. and it is just getting worse. >> unbelievable. another sign of the worsening drought this week is ponds evaporate, ranchers are selling their cattle early at a loss. this is likely to translate into higher food prices for all of us. >>> just three days until possible default and still no solution in sight. the u.s. senate rejected a u.s. house plan to raise the debt ceiling last night. and in just a few minutes...
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Jul 30, 2011
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it won't be as big, but still going to be big. the wedding is scheduled to take place in a couple hours at this church right behind me. it is the queen's oldest granddaughter marrying the captain of the england rugby team. there is a guest list of 400. contrast that to the nearly 2,000 people that attended william and catherine's wedding three months ago. the entire royal entourage is in attendance, including the newlyweds themselves, the duke and touchess of cambridge, as well as prince harry. after the ceremony, they're going to the queen's residence in edinboro, the party expected to last until about 2:00 a.m. the entire wedding party was on the decks of the royal yacht brit annia last night, taking advantage of the rare scottish sunshine, on deck sipping champagne. she is 13th in line to the throne, but one of the queen's favorites. she and her husband aren't going on honeymoon, because they need to train for their mutual events. richard? >> stephanie, thank you so much on a beautiful day there in scotland. >>> and finally, we
it won't be as big, but still going to be big. the wedding is scheduled to take place in a couple hours at this church right behind me. it is the queen's oldest granddaughter marrying the captain of the england rugby team. there is a guest list of 400. contrast that to the nearly 2,000 people that attended william and catherine's wedding three months ago. the entire royal entourage is in attendance, including the newlyweds themselves, the duke and touchess of cambridge, as well as prince harry....
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that is the big sticking point. harry reid busy trying to find republican support in the senate for this compromise plan he's going to come up. with he needs about eight to ten republican senators to switch over and say they are going to support him. we did have house speaker john boehner weigh in on this issue. if we can put his statement up, he says "the responsibility to end this crisis is now entirely in the hands of senator reid and president obama." house speaker boehner saying he has done everything he can to get this debt ceiling increased by that august 2nd deadline. he is saying the responsibility is with the democrats. all eyes have been on senate leader, republican senate leader mitch mcconnell to see if he will get behind harry reid and help him rally the troops. so far that hasn't happened. mitch mcconnell has said he wants the white house to come to the table. no word if that is going to happen at this point. again, right now all eyes are on the senate. senator harry reid's plan to increase the debt c
that is the big sticking point. harry reid busy trying to find republican support in the senate for this compromise plan he's going to come up. with he needs about eight to ten republican senators to switch over and say they are going to support him. we did have house speaker john boehner weigh in on this issue. if we can put his statement up, he says "the responsibility to end this crisis is now entirely in the hands of senator reid and president obama." house speaker boehner saying...
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the big difference is the timing and boehner's plan comes with a balanced budget amendment. what we're expecting to see ultimately is a compromise bill here between these two plans, and that's what's being worked on behind the scenes right now. harry reid trying to find enough senate republicans to come over to his side and vote a compromise bill through. of course, there's votes going on this afternoon. the main one to watch out for is going to be sunday, 1:00 a.m., when we get a procedural test vote to see if harry reid really does have enough support. he's asked mitch mcconnell to support him, as well. mitch mcconnell so far hasn't at least publicly offered his support. but behind the scenes we know that harry reid is trying to rangle support among republicans. >> one of those votes is happening there in the house. i want to play what was senate by the democrat of illinois. take a listen at this. >> our soldiers in afghanistan repeatedly asked admiral mullen yesterday, will we get paid? will our families get their checks? shame on the republicans for making that happen. i
the big difference is the timing and boehner's plan comes with a balanced budget amendment. what we're expecting to see ultimately is a compromise bill here between these two plans, and that's what's being worked on behind the scenes right now. harry reid trying to find enough senate republicans to come over to his side and vote a compromise bill through. of course, there's votes going on this afternoon. the main one to watch out for is going to be sunday, 1:00 a.m., when we get a procedural...
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he does that by getting a big deal. and he needs to cut entitlements, medicare and social security to get there. the democratic senators and house members especially on the left have been saying nancy pelosi said the other day, there are three big issues for 2012 as far as we're concerned. medicare, medicare, and medicare. and here the president is talking about we're -- >> i point out that job numbers come out tomorrow, anderson. they're not going to look good for the white house or congress. so pushing for something big on all fronts helps everybody look like they're trying. if it fails they can at least say -- the white house can at least say, hey, we tried. we're trying to do something for the economy. what did they do. >> all right. we'll look for that meeting tomorrow. jessica, thanks very much. david gergen as well. still ahead, breaking news in the casey anthony case we're following. plus countdown to history. the final space shuttle mission could be just hours away. we've had terrible weather all day today. we'
he does that by getting a big deal. and he needs to cut entitlements, medicare and social security to get there. the democratic senators and house members especially on the left have been saying nancy pelosi said the other day, there are three big issues for 2012 as far as we're concerned. medicare, medicare, and medicare. and here the president is talking about we're -- >> i point out that job numbers come out tomorrow, anderson. they're not going to look good for the white house or...
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. >>> now to washington, a big meeting on the hill tomorrow. leaders from both sides of the aisle will come together to try a break a deadlock over the nation's debt. yesterday president obama made a rare appearance in the white house briefing room to urge lawmakers to show up with the right attitude. >> it's my hope to everybody's going to leave their ultimatums at the door. they will leave political rhetoric at the door and we're going to do what's best for our economy and do what's best for our people. >> house speaker john boehner put out this tough statement quote saying, i am happy at the moment to discuss these issues at the white house, but these discussions will be fruitless until the president recognizes economic and legislative reality. luke russert covers capitol hill for us. luke, part of that discussion is the mini deal with senators reid and mcconnell were discussing earlier. where does that stand in this discussion so far? >> it's interesting, one of the things that is being thrown up on capitol hill is somewhat of a mini deal.
. >>> now to washington, a big meeting on the hill tomorrow. leaders from both sides of the aisle will come together to try a break a deadlock over the nation's debt. yesterday president obama made a rare appearance in the white house briefing room to urge lawmakers to show up with the right attitude. >> it's my hope to everybody's going to leave their ultimatums at the door. they will leave political rhetoric at the door and we're going to do what's best for our economy and do...
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as a big u.s. debt-holder, china will for sure be affected. >> reporter: and in australia, too. >> it makes it much more expensive for tourists to visit australia. those parts of our economy exposed to the tourist sector, we've spent a lot of money promoting australia overseas, are not going to benefit from that. >> reporter: in tokyo some economic experts see history repeating itself. they compare the current u.s. debt crisis to japan's crippling recession of the 1990s. >> it's the exact replay of what we went through in japan 10, 15 years ago. >> reporter: however the debate plays out in washington, experts say the financial ripples will be felt around the world. >> it's an issue that really is lurking in the background of each and every economy of the world. >> reporter: jonathan mann reporting. >> so what will it take to find a solution to our debt crisis? all the hurdles and options are broken down. don't miss "get it done" sunday night, 9:00 eastern time only on cnn. >>> turning overseas now
as a big u.s. debt-holder, china will for sure be affected. >> reporter: and in australia, too. >> it makes it much more expensive for tourists to visit australia. those parts of our economy exposed to the tourist sector, we've spent a lot of money promoting australia overseas, are not going to benefit from that. >> reporter: in tokyo some economic experts see history repeating itself. they compare the current u.s. debt crisis to japan's crippling recession of the 1990s....
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that leaves a big shortfall of $134 billion. so who do you pay? many say the treasury department will go with foreign governments and other bondholders first. though few details are out on who and how bills will be paid, the treasury department has been putting together a payment plan. one possibility in that plan perhaps, do what president eisenhower did when the debt ceiling was not raised in 1953 he had the treasury department issue gold certificates to federal reserves across the country and got cash back to keep the government humming along. alex, there's some 100 million checks issued by the government every month, and in three days the unsavory job of payment triage begins, choosing grandma or governments. >> an unenviable task to be sure. >>> coming up we'll have more on the debt ceiling crisis and president obama's role in it. we're going to speak with pat buchanan and morris reid about that. >>> a caribbean airlines plane with 140 people on board crashed earlier today in guyana. the crash occurred at the country's main airport just south
that leaves a big shortfall of $134 billion. so who do you pay? many say the treasury department will go with foreign governments and other bondholders first. though few details are out on who and how bills will be paid, the treasury department has been putting together a payment plan. one possibility in that plan perhaps, do what president eisenhower did when the debt ceiling was not raised in 1953 he had the treasury department issue gold certificates to federal reserves across the country...
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we have people bidding for the big interview for example. and the only sicking point is he wanted her to take a lie detector test after the interview on camera. she didn't seem to like that idea very much. i wonder why? and then we have the everready and everreliable larry flint. king of porn and asked her to do a spread for hustler . he already told her he she could make many millions. have you ever said anything like this? >> ebay was a mask of caylee anthony went for. >>> and her car is up for grabs. anything this woman does is going to be news. but there is one other thing to consider. that is the negative public relations and the back lash that could ensue and i am sure that is studied by the network and closely by probably anybody who doesn't have a blog on the internet where they say anything and get away with it. they will be look hard at one of the things that we really know is that the country want to watch her lie. that is the interest in the interview. it is very amazing. as i said only in america. great to see you and thank you
we have people bidding for the big interview for example. and the only sicking point is he wanted her to take a lie detector test after the interview on camera. she didn't seem to like that idea very much. i wonder why? and then we have the everready and everreliable larry flint. king of porn and asked her to do a spread for hustler . he already told her he she could make many millions. have you ever said anything like this? >> ebay was a mask of caylee anthony went for. >>> and...
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we were hoping for a big drenching. think of texas almost like a hot pizza oven and all we did was throw a napkin in it. this storm dissipated faster than almost any storm i've seen before. it didn't even go into the mountains and dissipate, it literally evaporated as it moves over brownsville. you can see it on the satellite imagery. it was the big red blob, and as soon as it got to the dry land in texas, poof. all of a sudden, don was gone. so not good news down there. the storm system is -- what's left of it, circulation is going to head for mexico anyway so it looks like just scattered showers and storms in texas during the day today. we'll take what we can get, but this wasn't the answer we were hoping for. there's not a lot of wet weather on the map, there are showers in missouri, also showers in the northern plains. your forecast for today, rain likely more or less in mexico, not texas. hot weather for dallas once again. warm and sunny in the northeast. as we go into the sunday forecast, we should see a lot of th
we were hoping for a big drenching. think of texas almost like a hot pizza oven and all we did was throw a napkin in it. this storm dissipated faster than almost any storm i've seen before. it didn't even go into the mountains and dissipate, it literally evaporated as it moves over brownsville. you can see it on the satellite imagery. it was the big red blob, and as soon as it got to the dry land in texas, poof. all of a sudden, don was gone. so not good news down there. the storm system is --...
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this is the time to get big things done. >> you hope. senator thank you very much. >> thank you very having me. they're all sweating. >> you sound like the voice of god. >> i like that senator, i like that. i know you have a long night. >> fair and balance. >> and former senator candidate of the state of california. you might have heard about hullard packard. carly, how are you? >> i am great. i >> great. i feel compelled to ask you as a cancer survivor how yourr health is doing? >> i am doing fantastic. i am a survivor. >> indeed you are and you look great. >> this government doesn't though. we are at a serious impasse . whatever deal they are looking at doesn't look great. if they were to get that far. what do you think? >> let me step back for a minute. you are correct. we raised the debt ceiling many times . it is routine. but what we see going on here is a important debate in the context of a terrible economy and how to grow the economy and what the role of government is. it is a debate to go on this year and next election year. unf
this is the time to get big things done. >> you hope. senator thank you very much. >> thank you very having me. they're all sweating. >> you sound like the voice of god. >> i like that senator, i like that. i know you have a long night. >> fair and balance. >> and former senator candidate of the state of california. you might have heard about hullard packard. carly, how are you? >> i am great. i >> great. i feel compelled to ask you as a cancer...
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the all-time record is the big, big heat of 1980 when they went 42 days in a row. today should be day 29, and look at this. they're going to get up into the 30s. look how hot it is on tuesday and wednesday. we have a chance of beating this incredible streak that no one thought we would touch from 1908, one of the hottest summers ever in the midwest. today's forecast -- actually, this is sunday's forecast first. tomorrow we're going to see those thunderstorms in the southeast. monsoonal showers. no one is really going to get washed out. the best chance would be in eastern north carolina. because i mixed up the days, here's your saturday with today's forecast. looks like the rain from don is going to stay whatever is left in mexico. showers and storms and areas of tennessee. it's just amazing that we just can't break this heat wave. it's literally going to take probably a big tropical storm or hurricane to do that, and there's nothing on the way for at least another week. >> okay. well, thanks for taking a look out there for us. bill karins. >>> biologists say they'r
the all-time record is the big, big heat of 1980 when they went 42 days in a row. today should be day 29, and look at this. they're going to get up into the 30s. look how hot it is on tuesday and wednesday. we have a chance of beating this incredible streak that no one thought we would touch from 1908, one of the hottest summers ever in the midwest. today's forecast -- actually, this is sunday's forecast first. tomorrow we're going to see those thunderstorms in the southeast. monsoonal showers....
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a big problem. they have a potential bankruptcy coming up that would be the largest of its kind in this country. stay with me. ♪ ♪ why can't we ♪ be friends >>> that is the question everybody is asking. washington d.c. the folks are talking to you. still waiting. keeping an eye on d.c. another interesting day of developments in the debt ceiling debate. democrats and republicans locked in a stalemate over what to do and running out of time. both houses of congress in session today on this saturday. here is a rundown of what is happening. the house starts debate at noon with a likely vote on a democratic proposal expected some time after 1:00 p.m. it is not expected to pass. on the senate side, they kickoff a debate at 1:00 p.m. eastern. debate there could last 12 plus hours before they even vote on whether to vote on the plan. they have to take a procedural vote after that. all this while the clock is ticking closer to tuesday. that is when the federal government could start defaulting on loans
a big problem. they have a potential bankruptcy coming up that would be the largest of its kind in this country. stay with me. ♪ ♪ why can't we ♪ be friends >>> that is the question everybody is asking. washington d.c. the folks are talking to you. still waiting. keeping an eye on d.c. another interesting day of developments in the debt ceiling debate. democrats and republicans locked in a stalemate over what to do and running out of time. both houses of congress in session today...
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is not powerful now as a big u.s. debt holder china will for sure be affected. >> reporter: in australia, too. >> makes it much more expensive for tourists to visit australia. those parts of our economy exposed to the tourist sector, we've spent a lot of money promoting australia overseas, are not going to benefit so greatly from that. >> reporter: in tokyo some economic experts see history repeating itself. they compared the current u.s. debt crisis to japan's crippling recession of the 1990s. >> it's exact replay of what we went through in japan 10, 15 years ago. >> reporter: however the debate plays out in washington, experts say the financial ripples will be felt around the world. >> it's an issue that really is lurking in the background of each and every economy of the world. >> reporter: jonathan man reporting. >> seven minutes past the hour. the politics of a deadline deal, anybody going to come out of this looking good? does it matter at this point? maria and lenny always looking good. we'll see if they sound
is not powerful now as a big u.s. debt holder china will for sure be affected. >> reporter: in australia, too. >> makes it much more expensive for tourists to visit australia. those parts of our economy exposed to the tourist sector, we've spent a lot of money promoting australia overseas, are not going to benefit so greatly from that. >> reporter: in tokyo some economic experts see history repeating itself. they compared the current u.s. debt crisis to japan's crippling...
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conversation about a big issue. gwen: they forced a big conversation. >> at some point you have to say to yourself -- i'm saying, any party, what are our goals, what did we achieve and how do we consolidate them. >> the republicans should feel really good right now because the bill that boehner put through was improved in a way to collect even more conservative votes and so it's much more -- gwen: you're saying the democratic base should be more unhappy if they're paying attention to what's on the table now. >> exactly and i think the democratic base won't be happy no matter how this turns out but i think it's entirely possible that over the next 48 or 72 hours that the republican base will become really frustrated and angry because what -- there was one long-time, congressman tom cole, been around washington for a long time, he said this week, there's a lot of learning going on in our caucus and they're learning they don't own the senate and they can't push pure snow what their proposal is and it was his estimation
conversation about a big issue. gwen: they forced a big conversation. >> at some point you have to say to yourself -- i'm saying, any party, what are our goals, what did we achieve and how do we consolidate them. >> the republicans should feel really good right now because the bill that boehner put through was improved in a way to collect even more conservative votes and so it's much more -- gwen: you're saying the democratic base should be more unhappy if they're paying attention...
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the fs the big red blob moving on shore. as soon as it got to the coast and dry land in texas, poof, all of a sudden don was gone. it looks like scattered showers and storms in texas during the day. this wasn't the answer we were hoping for. not a lot of wet weather on the map. there are some showers and storms in northern m mo. your forecast for today rain likely, more or less in mexico not in texas. hot weather for dallas one again. warm and sunny in the northeast. sunday forecast we should see a lot of thunderstorms in the mid-atlantic and the monsoonal showers and storms will continue in the four corners region. a lit of disappointment in texas. it didn't come true. hopefully we'll get another weak tropical system later in the season. >> keep it right here. we will have a live report from corpus christie, texas, coming up. >>> meantime, the search for a missing new hampshire girl, whab haven't police issued an amber alert? >>> back to court, the battle over dna evidence heats up in amanda knox' appeal in italy. >>> what
the fs the big red blob moving on shore. as soon as it got to the coast and dry land in texas, poof, all of a sudden don was gone. it looks like scattered showers and storms in texas during the day. this wasn't the answer we were hoping for. not a lot of wet weather on the map. there are some showers and storms in northern m mo. your forecast for today rain likely, more or less in mexico not in texas. hot weather for dallas one again. warm and sunny in the northeast. sunday forecast we should...
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still a big wedding. 400 people on the list. the entire royal aunt rage will be there, including the duke and duchess of came braj themselves, as well as prince harry. they're going to a party afterwards at the queen's residents here in edinburgh. this is supposed to last until 2:00 in the morning. there will be rugby players there. it's bound to be eventful. >> how many are supposed to attend? >> 400 are supposed to be there. compare that to the nearly 2,000 that were at william and catherine's wedding ceremony. it's a much smaller scale. we've been asking the palace all week to give us some details, and they won't do it because they say this is a private wedding, and as a private wedding, they're keeping those details close to the vest. zara phillips is 13th in line to the throne as compared to william's second in line to the throne, so they handle the situation very differently, but, you know, this ceremony is really reflective of the couple themselves. they've actually been dating for more than seven years. they're described
still a big wedding. 400 people on the list. the entire royal aunt rage will be there, including the duke and duchess of came braj themselves, as well as prince harry. they're going to a party afterwards at the queen's residents here in edinburgh. this is supposed to last until 2:00 in the morning. there will be rugby players there. it's bound to be eventful. >> how many are supposed to attend? >> 400 are supposed to be there. compare that to the nearly 2,000 that were at william...
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i don't tell my friends just how affordable it is cus to them i'm still the big roller, the big cheese, ya know? oh, emmitt. baby, what you doing? y-y-yeah! [ clears throat ] [ deep voice ] yeah, babe. in a second. takin' care of some business. it's surprising just how affordable an rv vacation can be. gorving.com and get a free video. or visit an rv dealer. go affordably. go rving. >>> back with the breaking news coverage. the battle over the debt ceiling tonight, house approved speaker boehner's plan by a razor thin margin but a short time later the senate killed it and plan put forward by senator leader harry reid will come up for doe bait on sunday. jessica yellin, kate bolduan, gloria borger and ali velshi. kate, have members of the congress left for tonight or is there still some kind of back room meeting going on? >> reporter: it seems they have call it a night at least for this evening. the house is back in at noon tomorrow and the senate's back in around the same time. but other than the very symbolic vote that you've been talking about, anderson, where the house is going to t
i don't tell my friends just how affordable it is cus to them i'm still the big roller, the big cheese, ya know? oh, emmitt. baby, what you doing? y-y-yeah! [ clears throat ] [ deep voice ] yeah, babe. in a second. takin' care of some business. it's surprising just how affordable an rv vacation can be. gorving.com and get a free video. or visit an rv dealer. go affordably. go rving. >>> back with the breaking news coverage. the battle over the debt ceiling tonight, house approved...
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s and big corporations call all the shots. people made comments that understand -- focuses on making their lives better. unfortunately, because of politics in washington and extreme ideology, that's not happening. my republican colleagues have been very public about their interpretation to take apart medicare and medicaid to pay for yet another tax cut for the millionaires and billionaires and to preserve subsidies for big oil companies. they've decided our current economy is the fault of the american people and now they're going to empty middle-class pockets to pay for it. the talk in washington now is driven by ideology that really has nothing to do with cost savings or preserving the american people. what really it is about is who suffers and who dreams and ideology is more important than job creation and social security and medicare aren't worth paying for anymore. it's time we spend opportunity and protect the middle class. it's time to focus on the real crisis in america, the jobs crisis. the speaker pro tempore: the gen
s and big corporations call all the shots. people made comments that understand -- focuses on making their lives better. unfortunately, because of politics in washington and extreme ideology, that's not happening. my republican colleagues have been very public about their interpretation to take apart medicare and medicaid to pay for yet another tax cut for the millionaires and billionaires and to preserve subsidies for big oil companies. they've decided our current economy is the fault of the...
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you heard harry reid speak moments ago, a big thumbs down over there, and then -- then -- we will move on. but the number of votes on either side really doesn't matter so much as this number. the number of days and hours now left until the money runs out. this is what we've been warning about for weeks and weeks. still, the vote today was enough to allow the republicans to spike the ball into boehner's court. and he did so with a vengeance. >> i struck my neck out a mile to try and get in agreement with the president of the united states. i stuck my neck out a mile. and i put revenues on the table. in order to try to come to an agreement to avert us being where we are. but a lot of people in this town can never say yes. a lot of people can never say yes. this house has acted. and it is time for the administration and time for our colleagues across the aisle, put something on the table. tell us where you are! >> well, over in the senate, what they are putting on the table is mr. boehner's bill. they'll kill it over there. that's under way right now. we'll let you when the voting is done
you heard harry reid speak moments ago, a big thumbs down over there, and then -- then -- we will move on. but the number of votes on either side really doesn't matter so much as this number. the number of days and hours now left until the money runs out. this is what we've been warning about for weeks and weeks. still, the vote today was enough to allow the republicans to spike the ball into boehner's court. and he did so with a vengeance. >> i struck my neck out a mile to try and get in...
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the deficit is too big. we are not using the right baseline because we are assuming 8% increases every year as far as the eye can see and what bothers me in all of this, karl, is that the tea party's attack, "wall street journal," nro, weekly standard, they are called hob bits, senator mix cane mccain, it iss compromise mentality that gave us this debt and the tea party by -- this is what they said what they wanted from the elected officials they are standing on a principle. when did it become a bad thing to stand on your principles? >> i think you are right but let's remember this is about the debt ceiling that is part of but in some ways separate from the broader question of the deficit. and we have turned the debt ceiling into a welcome opportunity to do something about the deficit but we shouldn't expect to get everything done on this debt ceiling vote that needs to be done on the deficit because some involves deep structural reforms that ought to be discussed and debated for the good of the country. >>
the deficit is too big. we are not using the right baseline because we are assuming 8% increases every year as far as the eye can see and what bothers me in all of this, karl, is that the tea party's attack, "wall street journal," nro, weekly standard, they are called hob bits, senator mix cane mccain, it iss compromise mentality that gave us this debt and the tea party by -- this is what they said what they wanted from the elected officials they are standing on a principle. when did...
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let the big boys to see what is going on. if is no place for kids. guest: with respect to medicare, one of the things that is driving the enormous projections of deficits are entitlement programs. they take up an enormous amount of the federal budget. when you read the reports, we are 15-years away from bankrupting the medicare program your payment every month will be far insufficient to make sure that you continue to receive that benefit. it is one of the reasons that republicans have taken a very serious approach to resolving the crisis, that medicare crisis, which will be upon us before we know it. when we pass the budget plan as best year, we said we would take care of folks 55 and older. we also said we will not allow a 15-member board of un elected people to decide her fate and the medical treatment that you will or will not get. we put forth a plan the to make sure that medicare is around for you and the next generation. i hope we can get democrats to join us on that host: plan was theeid's only plan, would you vote for it? guest: i will oppos
let the big boys to see what is going on. if is no place for kids. guest: with respect to medicare, one of the things that is driving the enormous projections of deficits are entitlement programs. they take up an enormous amount of the federal budget. when you read the reports, we are 15-years away from bankrupting the medicare program your payment every month will be far insufficient to make sure that you continue to receive that benefit. it is one of the reasons that republicans have taken a...
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she got a point. [ laughter ] >> jimmy: yeah, but this is a big -- this is a big deal, this fight. it's in philly august 6. >> august 6, next saturday -- next saturday, i'll be in the dressing room getting ready to get called out. and they're going to call my name. i'm going to be ready, man. but -- >> jimmy: do you have hype man? do you have a guy that like pushes you into the wall and is like come on, you sissy? [ laughter ] >> no, no. i'm the kind of fighter like i can't fight if i'm too hyped up >> jimmy: oh really? >> i got to be nice and relaxed. i got to be relaxed, like -- >> jimmy: so you have like a chamomile tea? >> yeah. [ laughter ] i listen to -- >> jimmy: listen to npr. >> i listen to the music. like i got headphones on, i listen to my music and i'm just kind of relaxed. >> jimmy: what songs are you going out to? do you have a favorite one? >> i listen to all -- all kinds, man. >> jimmy: maybe ben e. king. maybe a little "stand by me" would be a good one. you could to that -- a little ben e. king. [ singing ] ♪ when the night >> jimmy: yeah. ♪ has come and the la
she got a point. [ laughter ] >> jimmy: yeah, but this is a big -- this is a big deal, this fight. it's in philly august 6. >> august 6, next saturday -- next saturday, i'll be in the dressing room getting ready to get called out. and they're going to call my name. i'm going to be ready, man. but -- >> jimmy: do you have hype man? do you have a guy that like pushes you into the wall and is like come on, you sissy? [ laughter ] >> no, no. i'm the kind of fighter like i...
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the deficit is too big. we are not using the right baseline because we are assuming 8% increases every year as far as the eye can see and what bothers me in all of this, karl, is that the tea party's attack, "wall street journal," nro, weekly standard, they are called hob bits, senator mix cane mccain, it iss compromise mentality that gave us this debt and the tea party by -- this is what they said what they wanted from the elected officials they are standing on a principle. when did it become a bad thing to stand on your principles? >> i think you are right but let's remember this is about the debt ceiling that is part of but in some ways separate from the broader question of the deficit. and we have turned the debt ceiling into a welcome opportunity to do something about the deficit but we shouldn't expect to get everything done on this debt ceiling vote that needs to be done on the deficit because some involves deep structural reforms that ought to be discussed and debated for the good of the country. >>
the deficit is too big. we are not using the right baseline because we are assuming 8% increases every year as far as the eye can see and what bothers me in all of this, karl, is that the tea party's attack, "wall street journal," nro, weekly standard, they are called hob bits, senator mix cane mccain, it iss compromise mentality that gave us this debt and the tea party by -- this is what they said what they wanted from the elected officials they are standing on a principle. when did...
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go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> yes, people can be critical of what we've done. but where are the other ideas? at this point in time, the house is going to act, we're going to act again. but it is final for our colleagues across the aisle to tell us what they're for. tell us how we can end this crisis. >> welcome back to "hardball." that was speaker john boehner before the house voted to pass his debt ceiling bill. joining us now republican congressman from kansas who voted against the boehner bill. congressman, welcome, why did you vote against it? >> i don't think it does enough. we've got a $14.3 trillion deficit. it made progress in the right way. i appreciate the efforts of our leadership. the problem remains the senate hasn't put a plan out yet. hopefully they might get started this weekend. >> common sense would dictate if you didn't go for what the republican house passed, there's a small prospect you'll be satisfied with what comes back from the senate. >> a
go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> yes, people can be critical of what we've done. but where are the other ideas? at this point in time, the house is going to act, we're going to act again. but it is final for our colleagues across the aisle to tell us what they're for. tell us how we can end this crisis. >> welcome back to "hardball." that was speaker john boehner before the...
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it was a big week for initial public offerings. here's an update on what they returned to investors. the biggest, dunkin brands, debuted wednesday on the nasdaq. it's up over 52% from its $19 i.p.o. price. teavanna gained 66% this week. chef's warehouse up 18% since the i.p.o., but biopharma company horizon pharmaceutical unchanged from its i.p.o. price of $9 per share. and that's tonight's "market focus." president obama took a break from the debt ceiling drama today to announce an historic agreement on new fuel efficiency standards. the deal will double overall fuel economy to 54.5 miles per gallon by 2025. that could mean filling up your gas tank every two weeks, instead of every week. diane eastabrook looks at some new technologies that could mean an even cleaner and more fuel- efficient ride down the road. >> reporter: if you check out the fuel economy of new cars and trucks, you might wonder if auto makers will be able to increase corporate average fuel economy to nearly 55 miles per gallon by the middle of the next decade. s
it was a big week for initial public offerings. here's an update on what they returned to investors. the biggest, dunkin brands, debuted wednesday on the nasdaq. it's up over 52% from its $19 i.p.o. price. teavanna gained 66% this week. chef's warehouse up 18% since the i.p.o., but biopharma company horizon pharmaceutical unchanged from its i.p.o. price of $9 per share. and that's tonight's "market focus." president obama took a break from the debt ceiling drama today to announce an...
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you mentioned august 3rd, that big social security payment? according to many republicans, unless we default on an actual debt we don't have to get our debt downgraded. according to s & p and ben bernanke, if you default on any payment you're supposed to make, even if it's not to a bond holder you could face that. >> republicans who say, look, i don't buy it's this big catastrophe waiting to hit after august 2nd. >> reporter: they absolutely could be right. but anderson, you and i were together on september 15, 2008 after they decided a lot of smart people decided to let lehman brothers fail thinking it's not that big of a deal. i don't know which way it's going to go. i don't know if we should be playing with fire like this. >> john, what do you make of jessica's reporting that she's hearing mitch mcconnell is wanting president obama to be at the table in any negotiations? >> as a couple of political reasons for that in the sense that then you can't cut a deal then the white house will say we're going to try this. to move the goal post. the w
you mentioned august 3rd, that big social security payment? according to many republicans, unless we default on an actual debt we don't have to get our debt downgraded. according to s & p and ben bernanke, if you default on any payment you're supposed to make, even if it's not to a bond holder you could face that. >> republicans who say, look, i don't buy it's this big catastrophe waiting to hit after august 2nd. >> reporter: they absolutely could be right. but anderson, you and...
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the deficit is too big. we are not using the right baseline because we are assuming 8% increases every year as far as the eye can see and what bothers me in all of this, karl, is that the tea party's attack, "wall street journal," nro, weekly standard, they are called hob bits, senator mix cane mccain, it iss compromise mentality that gave us this debt and the tea party by -- this is what they said what they wanted from the elected officials they are standing on a principle. when did it become a bad thing to stand on your principles? >> i think you are right but let's remember this is about the debt ceiling that is part of but in some ways separate from the broader question of the deficit. and we have turned the debt ceiling into a welcome opportunity to do something about the deficit but we shouldn't expect to get everything done on this debt ceiling vote that needs to be done on the deficit because some involves deep structural reforms that ought to be discussed and debated for the good of the country. >>
the deficit is too big. we are not using the right baseline because we are assuming 8% increases every year as far as the eye can see and what bothers me in all of this, karl, is that the tea party's attack, "wall street journal," nro, weekly standard, they are called hob bits, senator mix cane mccain, it iss compromise mentality that gave us this debt and the tea party by -- this is what they said what they wanted from the elected officials they are standing on a principle. when did...
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>> i think mitch mcconnell holds a big club. i think in the end -- i had a conversation, i can't tell you who, but a conversation with a conservative but decent enough southern republican conservative senator. he said we are just this close. he thinks we are this close in agreement. he's not one of the six or seven or eight or ten best targets we think we have among republicans. we are eventually going to break this filibuster. i think they'll try their gimmicks. that is what mitch mcconnell lives on. we'll get this to happen. we'll send it back to the house. there, patriotism prevails. even most of the democrats, maybe 150, 160, 170, to join 50 republicans that, not the tea party, but the 50 reasonable republicans. >> do you want to give us the initials, maybe the state of that senator? >> i'm sorry? >> the state of the senator, just the initials? >> no. that would nail it down. i would say southern deep south, wrong side of the civil war. i'm not going to tell you the state. >> senator john thume laid out a plan. take a listen
>> i think mitch mcconnell holds a big club. i think in the end -- i had a conversation, i can't tell you who, but a conversation with a conservative but decent enough southern republican conservative senator. he said we are just this close. he thinks we are this close in agreement. he's not one of the six or seven or eight or ten best targets we think we have among republicans. we are eventually going to break this filibuster. i think they'll try their gimmicks. that is what mitch...
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your conversation with senator paul is a fascinating snapshot of the big question. where do we go next. let's assume in a moment or two the house will pass this plan. we know the president says he would never sign it. we already know it is most unlikely to escape the senate and by tonight or tomorrow could be voted down in the senate. the question, wolf, after we go through the rituals. house republicans plant their flag right now and senate democrats plant their flag, when will the real negotiations begin? many people will tell you they can see the broad outlines of a deal. it's somewhere in the numbers around the reid plan. $2.5 trillion. you get cuts. you do it one time. not two like house republicans do and you can have cap in that plan and triggers for additional cuts in that plan if say the savings would come from iraq and afghanistan and don't materialize and votes on a balanced budget amendment but what the democrats reviews to do is tie an increase in the debt ceiling to passing the balanced budget amendment. you can see the rough outlines of a deal. any de
your conversation with senator paul is a fascinating snapshot of the big question. where do we go next. let's assume in a moment or two the house will pass this plan. we know the president says he would never sign it. we already know it is most unlikely to escape the senate and by tonight or tomorrow could be voted down in the senate. the question, wolf, after we go through the rituals. house republicans plant their flag right now and senate democrats plant their flag, when will the real...
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but if you raise the debt ceiling and don't cut spending, you'll have the same big problems. that's the answer to your question. the compromise has to cut spending. we have to respond to what everybody in america is saying and what the world credit markets are saying which is our problem isn't the debt ceiling. our problem is the debt. >> cutting spending and the balanced budget amendment are two different things. one may accomplish the other, but this they are still separate things. is the balanced budget amendment a drop-dead requirement? >> i don't have a drop-dead requirement? i have a whole host of things that my constituents have sent me here to do. cutting spending is one thing and balancing the budge set another thing. what we can do right now is make sure we're cutting spending today. don't give me a deal that cuts spending ten years down the road. show me what you're going to do this year and next year, before americans go back to the polls. >> simple but sort of strange question. are you happy tonight? >> i'm not happy tonight. we started this process back in febru
but if you raise the debt ceiling and don't cut spending, you'll have the same big problems. that's the answer to your question. the compromise has to cut spending. we have to respond to what everybody in america is saying and what the world credit markets are saying which is our problem isn't the debt ceiling. our problem is the debt. >> cutting spending and the balanced budget amendment are two different things. one may accomplish the other, but this they are still separate things. is...
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and compromises have already occurred, big compromises. most of us on this side of the aisle really believe that the way we get at our long-term debt structure is a responsible approach that includes some revenues. now, i'm advocating cleaning out the goodies in the tax code so we can lower some tax rates. i don't understand how you can at the same time vote to gut the medicare program and vote to continue writing checks to big oil. i cannot imagine that i would vote to keep writing a taxpayer check to the most wealthy and profitable corporations in the history of the world at the same time i was voting to put medicare on a voucher program. saying to seniors, you know, if you're 83 and you got three chronic illnesses and you run out of medicare coverage, you're on your own. i can't imagine doing that. but we compromised. we compromised and said, okay, we'll set revenues aside for now. you won't vote for revenues, republican party, members of the house in the republican party you'll not vote for revenues, we tack revenues off the table. so
and compromises have already occurred, big compromises. most of us on this side of the aisle really believe that the way we get at our long-term debt structure is a responsible approach that includes some revenues. now, i'm advocating cleaning out the goodies in the tax code so we can lower some tax rates. i don't understand how you can at the same time vote to gut the medicare program and vote to continue writing checks to big oil. i cannot imagine that i would vote to keep writing a taxpayer...
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115
Jul 28, 2011
07/11
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MSNBCW
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two, we have as i said multiple opportunities to compromise and the idea, this big question of whether the president will veto it, the chief of staff says he will do it. we have a statement of administration policy that says he will do it. that doesn't matter. it won't get to the president's desk. there are 58 senators who said they would oppose the boehner bill, which makes it less popular than congressman ryan's budget, than the cut, cap and balance plan everyone knew was dead on arrival in the senate. we have to get rid of the political statements, the political games, and get something done. you just need house republicans be willing to do something other than say, as i read this morning, the boehner bill is take it or leave it, we will stick the default on the president. that's not the way we govern in this country. that's not the right thing to do. >> dan pfeiffer, thank you very much. the very latest from the white house. thanks for coming. >>> if the boehner bill does clear the house as is expected now, senate majority leader harry reid says the senate will vote on it tonight a
two, we have as i said multiple opportunities to compromise and the idea, this big question of whether the president will veto it, the chief of staff says he will do it. we have a statement of administration policy that says he will do it. that doesn't matter. it won't get to the president's desk. there are 58 senators who said they would oppose the boehner bill, which makes it less popular than congressman ryan's budget, than the cut, cap and balance plan everyone knew was dead on arrival in...
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Jul 30, 2011
07/11
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KPIX
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so it's going to impact for sure and it's going to impact silicon valley and california in a big way because we have a lot of startups as now. >> reporter: it could be a big blow to investor confidence. >> if america's bond rating goes down, if america's credibility abroad goes down, that impacts how our businesses are perceived in very real ways and it can hurt them in their ability to run their businesses. >> reporter: mayor chuck reed says cities are bracing for the impact. bond rates could go up which could make financing infrastructure improvements like roads or sidewalks more expensive at a time when cities can least afford it. >> we are talking hundreds of millions of dollars of obligation and if the price goes up only 1% it could be millions of dollars additional cost to the city. >> reporter: how does that affect the citizens? >> with more money going into paying debt service that means there's less money for services and we have to cut from someplace else in our budget. >> reporter: san jose is one city with its own debt crisis looking at a deficit next year of $110 million
so it's going to impact for sure and it's going to impact silicon valley and california in a big way because we have a lot of startups as now. >> reporter: it could be a big blow to investor confidence. >> if america's bond rating goes down, if america's credibility abroad goes down, that impacts how our businesses are perceived in very real ways and it can hurt them in their ability to run their businesses. >> reporter: mayor chuck reed says cities are bracing for the impact....
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Jul 30, 2011
07/11
by
CNNW
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one of the big i guess thought processes on both sides is who loses most. if america goes to default. obviously, number one, the american people. but would it be a massive blow to the democrats or more of a blow to republicans? >> i think it will be a blow to both, probably roughly equal, depending on how you look at it. and i believe it would have to lay mostly at the feet of the president. chief executive of the united states. if you can't get a budget together and deal with debt as chief executive of the country, then you're a pretty weak leader. the reality is -- you have to put this in context. the problem isn't the crisis we're going through right now. the problem is the totally unprecede unprecedented, out of control spending we're doing. the president of the united states has come to congress asking them to increase the debt ceiling more than any president has ever asked, ever. i mean this is way beyond any president has ever asked. he wonders, why do they want to reduce spending? because he's asking for a bigger increase in debt than any president
one of the big i guess thought processes on both sides is who loses most. if america goes to default. obviously, number one, the american people. but would it be a massive blow to the democrats or more of a blow to republicans? >> i think it will be a blow to both, probably roughly equal, depending on how you look at it. and i believe it would have to lay mostly at the feet of the president. chief executive of the united states. if you can't get a budget together and deal with debt as...
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525
Jul 29, 2011
07/11
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KNTV
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eye 525
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mirrors are also big. >> mirrors are also big. unfortunately -- >> simon, my louboutin. >> mirrors are great. you have the driftwood. >> this is the woven material, this is a $25 mirror. >> you're kidding? >> tj maxx, very nice. >> moving down. >> here we go. we made it, verne. >> look at the legs in this mirror, just saying. >> i look like a midget, i'm a little person. >> pillows. >> so easy. such a great way to infuse the beach. i love this one, from edsy. from a company called zen threads, got the whales on them. a lot of them are indoor/outdoor. when it's raining, you can bring it in. >> and last, but not least. >> we've got lanterns, candlelight. nothing can supplant the beauty of candlelight. can go from indoor to outdoor. you have some references to nautical things. you've got resin coral, little ceramic basket here. and then this little rope knot, which is great. >> which is for what? >> a couple of rugs. >> we have rugs. >> indoor/outdoor? >> this one i think is like $15. a really good deal. you'
mirrors are also big. >> mirrors are also big. unfortunately -- >> simon, my louboutin. >> mirrors are great. you have the driftwood. >> this is the woven material, this is a $25 mirror. >> you're kidding? >> tj maxx, very nice. >> moving down. >> here we go. we made it, verne. >> look at the legs in this mirror, just saying. >> i look like a midget, i'm a little person. >> pillows. >> so easy. such a great way to infuse...
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111
Jul 30, 2011
07/11
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MSNBCW
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a 100 percent. ♪ >>> our government is too big. we have a government that spends too much, and we're bankrupting future generations, and we're not going to change that until we change this town. and we are falling off a financial cliff and unless we finally do something about this debt, we're placing on the backs of our kids and our grandkids, we'll never recover. >> i won't place one more dollar of debt upon the backs of my kids and grandkids unless we structurally reform the way this town spends money. i'm a freshman, maybe i'm naive, but i don't think unless we force -- unless we force republicans and democrats to balance their books every year, they won't. the only way we can do that is to force them. >> people don't want to be financially responsible, you got to force them to do it. that's the message on the debt ceiling debate being preached this week by tea party republican joe walsh. really, congressman walsh should know. that's pretty much how he became a congressman. when joe walsh launched his bid for congress, it was th
a 100 percent. ♪ >>> our government is too big. we have a government that spends too much, and we're bankrupting future generations, and we're not going to change that until we change this town. and we are falling off a financial cliff and unless we finally do something about this debt, we're placing on the backs of our kids and our grandkids, we'll never recover. >> i won't place one more dollar of debt upon the backs of my kids and grandkids unless we structurally reform the...